NewsNational NewsEnergy Commission Sets Electricity Unit Price at Bt4.18 for Jan-April

Energy Commission Sets Electricity Unit Price at Bt4.18 for Jan-April

In a recent development, the Energy Regulatory Commission (ERC) has announced the fuel tariff (FT) surcharge on electricity for the January through April period, fixing it at 39.72 satang per unit, while establishing the electricity unit price at 4.18 baht. The adjustment in the pricing formula for natural gas and electricity prompted this decision.

The secretary-general of the ERC, Komkrit Tantravanich, clarified that the Electricity Generating Authority of Thailand, the nation’s major power producer, will shoulder an estimated loss of 15 billion baht during this four-month period due to the specified FT and electricity unit prices.

Additionally, Tantravanich revealed that the ERC will utilize the 4.3 billion baht fine collected from natural gas producers in the Gulf of Thailand, who failed to fulfill their contractual gas delivery obligations. This fine will serve as a subsidy to alleviate the impact on the electricity unit price.

To ease the burden on household consumers, especially those using no more than 300 units of electricity per month, a subsidized rate of 3.99 baht/unit will be applied. The government will extend support through subsidies totaling approximately 1.95 billion baht, ensuring that consumers within this usage bracket receive financial relief.

- Advertisement -spot_img

More From UrbanEdge

Chinese Tourist Killed On His First Day In Thailand

A tragic incident unfolded in Samut Prakan Province, Thailand,...

Pilot Becomes Mid-Air Hero, Delivers Baby on Flight from Taipei to Bangkok

In a remarkable turn of events reminiscent of scenes...

Emergency: Thailand Battles Deadly Air Pollution Crisis as Levels Exceed Standards by Over 200%

On March 4, 2024, the Ministry of Natural Resources...

Credit Card Transactions Abroad in Baht to Incur 1% Fee Starting May 1st

Credit card holders from Visa and Mastercard will soon...

PM Set to Unveil New Airport Following Comprehensive Study

Thailand's Kalasin province is set to witness a significant...

Disabled-Friendly Facilities Shine at North Pattaya’s Diana Garden Resort

In a recent surge of social media shares, foreign...

Investigation Underway: Foreign Woman Found Dead on Bang Saray Beach

In the early hours of February 28, 2024, tragedy...

Transport Ministry Plans Major Bangkok Bus Terminal Relocation

Transport Minister Suriya Jungrungreangkit announced plans on Tuesday for...

BREAKING: Thailand Bans Cannabis, Again?

Thailand's evolving stance on cannabis is stirring significant debate...
- Advertisement -spot_img